Sato Foods CoTSE:2923 +0.94%73 Days Payable is 20.25 as of Apr. 2026, which is 72% above its 10-year median of 11.77. GuruFocus rates TSE:2923 with a GF Score™ of 73/100 and a GF Value™ of 円8,277.69 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,888 Consumer Packaged Goods companies, Sato Foods Co ranks worse than 84.48% on this metric.
The historical rank and industry rank for Sato Foods Co's Days Payable or its related term are showing as below:
TSE:2923'
s Days Payable Range Over the Past 10 Years
Min: 8.37 Med: 11.77 Max: 27.47
Current: 19.94
During the past 13 years, Sato Foods Co's highest Days Payable was 27.47. The lowest was 8.37. And the median was 11.77.
TSE:2923's Days Payable is ranked worse than 84.48% of 1888
companies
in the Consumer Packaged Goods industry
Industry Median: 44.145
vs TSE:2923: 19.94
Sato Foods Co's Days Payable
increased
from Apr. 2025 (18.31) to Apr. 2026 (20.25).
It may suggest that Sato Foods Codelayed paying its suppliers.
Sato Foods Co Days Payable Related Terms
Sato Foods Co Days Payable Historical Data
* Premium members only.
The historical data trend for Sato Foods Co's Days Payable can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Packaged Foods subindustry, Sato Foods Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Sato Foods Co Days Payable vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Sato Foods Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Sato Foods Co's Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Sato Foods Co's Days Payable for the fiscal year that ended in Apr. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Sato Foods Co (TSE:2923) has a Days Payable of 20.25 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sato Foods Co and its competitors. This is 72% above median its historical median of 11.77. Over the past decade, Sato Foods Co's Days Payable has ranged from 8.37 to 27.47. According to the industry distribution chart, Sato Foods Co ranks #1595 out of 1888 companies in the Consumer Packaged Goods industry, placing it in the top 84.5%.
Is Sato Foods Co's Days Payable too high?
Sato Foods Co's current Days Payable of 20.25 is 72% above median its 10-year median of 11.77. Over the past 10 years, this metric has ranged from a low of 8.37 to a high of 27.47. The Consumer Packaged Goods industry median Days Payable is 44.15. Sato Foods Co's value of 20.25 is 54.1% below this industry median. Based on the distribution chart, Sato Foods Co ranks #1595 out of 1888 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Sato Foods Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sato Foods Co's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Sato Foods Co ranks #1595 out of 1888 companies for Days Payable. This places Sato Foods Co in the lower half of its industry. The industry median Days Payable is 44.15. Sato Foods Co's value of 20.25 is 54.1% below this benchmark. Historically, Sato Foods Co's own Days Payable has ranged from 8.37 to 27.47 over the past decade. While the company's 10-year median is 11.77 vs. the industry median of 44.15, Sato Foods Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,888 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sato Foods Co's current Days Payable of 20.25 is 54.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sato Foods Co and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sato Foods Co's current Days Payable is 20.25, which is 72% above median its own 10-year median of 11.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sato Foods Co stock overvalued right now?
Based on GuruFocus' analysis, Sato Foods Co (TSE:2923) is currently considered Fairly Valued. The stock's GF Value™ is 円8,277.69, compared to a current price of 円8,600.00 — trading 3.9% above its estimated fair value. The current Days Payable is 20.25, which is 72% above median its 10-year median of 11.77 and 54.1% below the Consumer Packaged Goods industry median of 44.15. Sato Foods Co's overall GF Score™ is 73/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Sato Foods Co (TSE:2923), the current Days Payable is 20.25 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Sato Foods Co (TSE:2923) Overvalued in 2026?
Based on GuruFocus' analysis, Sato Foods Co stock appears to be overvalued.
The current stock price of 円8,600.00 is trading 3.9% above its estimated GF Value™ of 円8,277.69.
GuruFocus considers Sato Foods Co to be Fairly Valued.
Key valuation signals for TSE:2923:
Days Payable: 20.25 (72% above median its 10-year median of 11.77)
GF Value™: 円8,277.69 vs. price of 円8,600.00 (3.9% above fair value)
Industry Position: 54.1% below the Consumer Packaged Goods median (#1595 of 1888)
No single metric tells the full story. See the TSE:2923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sato Foods Co Ltd is engaged in the production and sales of packed mochi and packed cooked rice in Japan. Its packaged rice cakes include Sato sliced rice-cake crisp and slit, Round rice-cake single pack and Sato Kagami Mochi. Its packed rice products include Sato rice, low-protein rice and others.
73GF Score
Get the complete analysis for TSE:2923
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:2923 has been successfully added to your 
